Funding
Funding not disclosed
Founders
Product
Problem
The traditional property selling process in the UK is protracted, with average sales taking over six months to complete. A significant percentage of transactions, over 37%, fail due to avoidable issues, leading to extended timelines and increased costs for sellers.
Solution
Propelr offers a digital platform designed to accelerate property sales and mitigate common transaction failures. By integrating award-winning conveyancing services with a streamlined digital workflow, Propelr aims to reduce sale completion times by 80-95%. The platform addresses uncertainties related to legal complexities and buyer readiness, providing a more predictable and efficient transaction environment. This approach ensures that sellers can achieve faster, more secure property sales.
Target Audience
Propelr targets individuals looking to sell their property in the UK, including those who have engaged an estate agent, found a new home, or are selling houses or flats.
Features
- Digital platform for managing property sale workflows.
- Integration with a panel of award-winning conveyancing firms.
- Focus on reducing sale fall-through rates through proactive risk management.
- Accelerated transaction timelines, aiming for completion in significantly less than the UK average.
- Secure digital exchange and completion processes.